I absolutely LOVE how you asked him over and over again, Michelle, on why the dollar would still remain reserve currency. Finally a real journalist that thinks with her own head! Great job 👍
The gold bugs love destruction and misery so they can count their coins and laugh. Gold is BS. The dollar is the cleanest shirt. China brazil are way more underwater than the us. Russia has the same GDP as New Jersey. India? Ok I guess but you think the entire planet is going to go brics because gold bugs says so? lol. You will be waiting until you can’t anymore
When the great out of the box thinker speaks we just listen. Interviews with Luke Gromen are always very good especially when very good questions are asked.
Michelle is the best at drilling her guests to provide a straight answer. I love her devil's advocate approach. She always chips away at both sides of the story. Thanks, Michelle! Love your show.
Luke sounds like he is a brilliant analyst of so many market factors. Michelle your questions were brilliant as well. This is a great interview explaining why stocks, gold, and Bitcoin are all rising together.
I log the informational and am not sure about a better economy. Everyone loves good narrativeand education can be hynotic to the audience@@idontcare9797
It's so obvious - yet my dumbass has spent most of my adult life chasing depreciating greenbacks... the irony 😂. Guns ammo food water and power - all us spoiled softies are in for a rude awakening
@@jonschlottig9584 have to be a bit cautious Prior generations of my family have been prepping for the “end times” for literally the last 80 years always saying we are very close to collapse yet it never seems to come We might be 10-20 years away yet
I wish Michelle would have asked Luke about how the WEF's slogan "by 2030 you'll own nothing and you will be happy" fits into Luke's outlook. How to hedge against asset confiscation in a CBDC world where your legal tender is tied to your digital ID and is controlled by the government?
@@bradleyjordan5365bitcoin has performed better than any other asset class since its inception -by a longshot. Bitcoin Can NOT be diluted; fiat, bonds and other crypto can & will…even gold can be diluted. There is no other asset that has a finite supply
@@bradleyjordan5365Gold & Bitcoin tell the same story of Fiat. One moves slowly and is Stable and one is fast and volatile. They both can add diversity to a portfolio with an investor's Preferential Bias. There is enough Fiat being printed for both to have a place at the table 😂
Great information from Luke Gromen. You do a wonderful job of setting the tone and framing your guests with the appropriate questions at the right time, Love to follow your TH-cam channel Thank you, Michelle
Wow ... very good interview Michelle with Gromen who is recognized as one of the best. And remarkable insights and info. Fascinating times we live in .. !
Absolutely brilliant!! One of the best cumulative interviews that covers politics, economics and human emotions regarding recent events I’ve seen in a very very long time.
You continue to outdo yourself, Michelle. Outstanding guest and spot on questions! I also love how you control the flow of the interview, which is very impressive for over an hour.
Reshoring is not possible in any real sense without infrastructure and logistics. Serious, huge projects. I just don't see the US being able to do it anytime soon.
New world order. Robotics are cheaper than third-world labor. Reshoring manufacturing will become cost effective. USA security vs international insecurity tips-the-scale towards reshoring.
@@Vikingpoints Not fast enough...even if it does happen, the US cannot become an net exporter as Asian manufacturing is leaps and bounds ahead (both technologically and in volumes) and closer to the consumer markets (logistically effective). Remember that 2/3 of the world is in Asia and is dependent on Chinese manufacturing (also starting to run on currency swaps). Energy and commodities alone being re-priced is enough to put a halt on usd dreams.
@@georgemavrides3434 the US exports are increasing as Chinas is decreasing. The US can absolutely build new state of the art facilities if it wants to. Much has moved to Mexico. You forget that it was US companies doing a lot of the manufacturing in China. They can and have been moving it. It doesn’t all have to come back to the US. But a lot of it is. We own all of the tech, since we own the chips that it is all built on. So yeah, there is that.
We don't have to be 100% self-sufficient as far as manufacturing goes but 50% would be a good starting point. We will never outproduce Asia. The United States and its politicians are going to have to reconcile the fact that we're no longer the Big Dog. There's no shame in being the second or third most powerful economy on the planet.
And that's why our education system hasn't taught the Constitution or much about our Founders. In fact, you ask the average kid brought up in todays Education system, our founders were evil... because of slavery. In fact, using the original sin of slavery to hide govt excess today...is the true evil.
Mr. Gromen, brilliant analysis. Thank you. Michelle, thank you also for asking good questions, and letting your guest develop his arguments and answer your questions cogently.
One of the ways to decrease inflation is to increase production / raise G.D.P. While you guys are busy noting capital flows and best case scenarios for onshoring manufacturing, Have you noticed that NO ONE else is talking about increasing productivity In America. Nobody is building companies that build things: Cars refrigerators waffle irons clothing! Nothing. The problem really isn't how to fix Inflation But how to get everyone else to jump on board and row the boat.
You are 1000% right. Why is no one talking about this. In the last 30+ years the only president that even tried to address this, and started the ball rolling, was Donald Trump.
He talked about this towards the end when he said Yellen stated that this was the new economic policy. He also addressed productivity increases when he discussed the rapid adoption of AI and robots/automation... The risk of that happening too fast is another GFC due to massive layoffs creating tax income collapse and unemployment benefit expense increases. In other words, a too rapid increase in productivity along with re-on-shoring could cause a short term fiscal crisis.
I love Michelle! She's my favorite interviewer because, even if she understands and agrees with the guest, she always asks the tough questions. She always plays devil's advocate and always tries to get both sides of the argument!
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
Prodigious. Exceptional guests like Luke and as always peerless excellience by Michelle with the questions and comments are why I wish YT bring back their 100 💯 👍 mojies. Thank you to Luke for breaking down the incomprehensible fed policy and actions speak to see clearer thru the epik civilization phase inflection point we r in.
Really a spectacular interview. Everything Luka portrays make perfect sense and clearly lays out an optimistic road ahead for the properly invested.Very confused why one would have any money in negatively yielding short term treasuries though. Obvious the CPI is heavily understated. Why not swap out all your treasury holdings for liquidity in gold?????
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I absolutely LOVE how you asked him over and over again, Michelle, on why the dollar would still remain reserve currency. Finally a real journalist that thinks with her own head! Great job 👍
The gold bugs love destruction and misery so they can count their coins and laugh. Gold is BS. The dollar is the cleanest shirt. China brazil are way more underwater than the us. Russia has the same GDP as New Jersey. India? Ok I guess but you think the entire planet is going to go brics because gold bugs says so? lol. You will be waiting until you can’t anymore
When the great out of the box thinker speaks we just listen. Interviews with Luke Gromen are always very good especially when very good questions are asked.
Michelle is the best at drilling her guests to provide a straight answer. I love her devil's advocate approach. She always chips away at both sides of the story. Thanks, Michelle! Love your show.
I always enjoy Michelle does that.
Easy on the eye too
Agree. Good interview and good follow up questions and asking for clarifications. Kudos!
Mmmm....michelle....drilling...me LiKE.
@@aleaiactaest8354 - Like Peter Schiff said, she's just the Moderator.
Mr Luke Gromen is one of the most intelligent guests you have on Kitco. Brilliant man.
Thank you for getting him.
Luke pours out information like a fire hydrant. Some of her questions he's already answered.
Luke Please buy a microphone. It’s been 4 years
Luke sounds like he is a brilliant analyst of so many market factors. Michelle your questions were brilliant as well. This is a great interview explaining why stocks, gold, and Bitcoin are all rising together.
Excellent time stamps on the subjects discussed! Brilliant interview by two intelligent individuals!
Once again. Michelle brings it to the table. She is one of the few I trust. She does not mince words. 👍
People just refuse to look at all the Empires throughout history who haven’t been able to control spending and debase the currency to nothing
Yep! That’s why “schools” abjure any sort of education
" it's different this time "
I log the informational and am not sure about a better economy. Everyone loves good narrativeand education can be hynotic to the audience@@idontcare9797
It's so obvious - yet my dumbass has spent most of my adult life chasing depreciating greenbacks... the irony 😂. Guns ammo food water and power - all us spoiled softies are in for a rude awakening
@@jonschlottig9584 have to be a bit cautious
Prior generations of my family have been prepping for the “end times” for literally the last 80 years always saying we are very close to collapse yet it never seems to come
We might be 10-20 years away yet
We need a resource built economy All we are is a bunch of consumers of a bunch of junk that you have to replace every 6 months
Damn right...more of a meritocracy needed...to keep us soaked in debt and FIATD is abysmal
I wish Michelle would have asked Luke about how the WEF's slogan "by 2030 you'll own nothing and you will be happy" fits into Luke's outlook. How to hedge against asset confiscation in a CBDC world where your legal tender is tied to your digital ID and is controlled by the government?
One of the many reasons to allocate to Bitcoin and self custody. Also, the reason there is proposed legislation to make self custody illegal.
@@mikerinaldi7170Will the current Congress approve that legislation?
Michelle is one fantastic interviewer.
Yes, she is GREAT!
Too bad she has a voice that cuts concrete - before I seen her I thought I was listing to an 90 year old man!
Yes, she knows how to run and control an interview, something that many, even the majority of postmasters do not.
@@Seven-Seven-77
I don't hear that
Michelle asks great questions and she lets the guest talk. 👏🏼And she’s a straight-up DIME! 🫶🏼🥰
Wow, the guest nailed it!
Apart from the bitcoin stuff.
@@bradleyjordan5365bitcoin has performed better than any other asset class since its inception -by a longshot. Bitcoin Can NOT be diluted; fiat, bonds and other crypto can & will…even gold can be diluted. There is no other asset that has a finite supply
@@bradleyjordan5365
Why ?
@@bradleyjordan5365Gold & Bitcoin tell the same story of Fiat. One moves slowly and is Stable and one is fast and volatile. They both can add diversity to a portfolio with an investor's Preferential Bias. There is enough Fiat being printed for both to have a place at the table 😂
@@bradleyjordan5365it’s succeeded, you’re late, cope
Great information from Luke Gromen. You do a wonderful job of setting the tone and framing your guests with the appropriate questions at the right time,
Love to follow your TH-cam channel
Thank you, Michelle
Wow ... very good interview Michelle with Gromen who is recognized as one of the best. And remarkable insights and info. Fascinating times we live in .. !
Amazing interview Michelle! I’m a huge fan of Luke Gromen to begin with, and your expert questioning brought out the best out of him.
Absolutely brilliant!! One of the best cumulative interviews that covers politics, economics and human emotions regarding recent events I’ve seen in a very very long time.
Luke is the man
Bond market is dead because the the currency is dying China has played a great game USA Greed has become its down fall
Thanks Michelle for having one of my two favorite analysts on. Love Luke and Lynn Alden!😊
One of the best presentations I have seen. Good questions and great information!
Awesome interview Michelle, So much there I'm totally exhausted.
Priceless education, Thanks Luke & Michelle
One of your best interviews Michelle. Excelllent insights form Luke.
The "rate the dollar is dying" has recently significantly increased.
You continue to outdo yourself, Michelle. Outstanding guest and spot on questions! I also love how you control the flow of the interview, which is very impressive for over an hour.
Excellent analysis and commentary.
Michelle is the only great interviewer left on Kitco after David Lin's departure.
Michelle is one of the great interviewers out there. Period.
Great Macro outlook. Thank you very much!
This is really brilliant!
Michelle always brings her A game!🎉 Great interview 👏
Reshoring is not possible in any real sense without infrastructure and logistics. Serious, huge projects. I just don't see the US being able to do it anytime soon.
New world order.
Robotics are cheaper than third-world labor. Reshoring manufacturing will become cost effective.
USA security vs international insecurity tips-the-scale towards reshoring.
It is already happening.
@@Vikingpoints Not fast enough...even if it does happen, the US cannot become an net exporter as Asian manufacturing is leaps and bounds ahead (both technologically and in volumes) and closer to the consumer markets (logistically effective).
Remember that 2/3 of the world is in Asia and is dependent on Chinese manufacturing (also starting to run on currency swaps). Energy and commodities alone being re-priced is enough to put a halt on usd dreams.
@@georgemavrides3434 the US exports are increasing as Chinas is decreasing. The US can absolutely build new state of the art facilities if it wants to. Much has moved to Mexico. You forget that it was US companies doing a lot of the manufacturing in China. They can and have been moving it. It doesn’t all have to come back to the US. But a lot of it is. We own all of the tech, since we own the chips that it is all built on. So yeah, there is that.
We don't have to be 100% self-sufficient as far as manufacturing goes but 50% would be a good starting point. We will never outproduce Asia. The United States and its politicians are going to have to reconcile the fact that we're no longer the Big Dog. There's no shame in being the second or third most powerful economy on the planet.
Michelle, you are among the BEST! Thanks.
Get curency out of the Banks Buy gold and silver
Buy neither. Only Bitcoin
@@JimJamJuicybuy all 3
@@JimJamJuicy no silver for the GPU's = no bitcoin.
@@curtmaxfield glad you’re buying it then, I’ll stay in Bitcoin
To preserve our independence we must not let our rulers load us with perpetual debt!!! Tomas jefferson
Too late
@@unaffiliated_x9279 your right, but when we all fall together, thats when i hope we all get together, and do something
Oops
And that's why our education system hasn't taught the Constitution or much about our Founders.
In fact, you ask the average kid brought up in todays Education system, our founders were evil... because of slavery. In fact, using the original sin of slavery to hide govt excess today...is the true evil.
Michelle is hot and smart! Great interview!
For real, she’s a baddie
Amen!! She's the kind of hot 🔥 that makes me feel funny 😂🤣
@@zimmerd36😅😅😅
this guy is so insightful and straightforward
*Everything* is BEING Re-priced.
I am impressed with Michelle's precious assets !
X2❤😂🎉
Simp
Thank you, Michelle. Outstanding interview.
Awesome interview, Michelle! Very well done!!
Good interview!
Luke talks a lot of sense, good interview.
A VERY Good Interview
Wow! Luke Gromen opens the curtain!!! Best interview I've seen so far!
Good angle on important info.
Thanks !
One of your best interviews!
30:11 Perfect example of why I watch- asking the important questions.
Absolutely on the button, Luke! Thank you from UK!
Buy more gold and silver
That and BRICs!
Buy Bitcoin
Buy XRP. Bitcoin was the distraction.
@@fluffyhoundogponzi scheme
Mr. Gromen, brilliant analysis. Thank you. Michelle, thank you also for asking good questions, and letting your guest develop his arguments and answer your questions cogently.
Great questioning and knowledge Michelle.
Great interview gives me a lot to think about
One of the ways to decrease inflation is to increase production / raise G.D.P. While you guys are busy noting capital flows and best case scenarios for onshoring manufacturing, Have you noticed that NO ONE else is talking about increasing productivity
In America. Nobody is building companies that build things: Cars refrigerators waffle irons clothing!
Nothing.
The problem really isn't how to fix Inflation But how to get everyone else to jump on board and row the boat.
can't even make sufficient armaments
You are 1000% right. Why is no one talking about this. In the last 30+ years the only president that even tried to address this, and started the ball rolling, was Donald Trump.
He talked about this towards the end when he said Yellen stated that this was the new economic policy. He also addressed productivity increases when he discussed the rapid adoption of AI and robots/automation... The risk of that happening too fast is another GFC due to massive layoffs creating tax income collapse and unemployment benefit expense increases. In other words, a too rapid increase in productivity along with re-on-shoring could cause a short term fiscal crisis.
@stoppper90004 producing oil and food is all I see
@@kenpeters9807
It would be nice to have an actual plan
Excellent interview
Great jounalism Michelle!
Tremendously useful questions.
Great video , thank you
Love this show. Truth. Thank you
Excellent interview!!
I follow him. Great guest
Excellent report 💯
Luke is right! Great Interview!
Excellent interview. I'm already a fan of Luke and as a first impression on Michelle I think she is an excellent interviewer.
At 1:38, Michelle, you cite Dalio as being 'very' worried about investor appetite for gov bonds. He only said he was concerned -- not 'very worried'.
Amazing interview, first time I've heard him and I've never heard such a clear and well supported case for a historic gold run.
Great insights, thank you both!
Luke seems to have a better grasp of the game than any single person I’ve heard. Thanks for the interview
Michelle asks great questions and she lets the guest talk. 👏🏼And she’s a straight-up DIME! 🫶🏼🥰
"We are so highly leveraged our wiggle room is small." True that.
Michelle is excellent. Way to go Luke!
Very interesting Michelle and Luke, food for thought, thankyou.
thank you, this was fantastic
Luke the goat
That means Greatest of All Time to non basketball fans.
@@123Goldhunter11
I'm happy he's not an actual goat.
Luke is a big boy. One could say "he eats like a goat" 😂
I love Michelle! She's my favorite interviewer because, even if she understands and agrees with the guest, she always asks the tough questions. She always plays devil's advocate and always tries to get both sides of the argument!
This was enlightening.❤
Great moderating Michelle
Luke is so gosh darn smart.
Very well conducted interview, and a great guest.
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
Thank you for this awesome interview!
And the truth comes out
Prodigious. Exceptional guests like Luke and as always peerless excellience by Michelle with the questions and comments are why I wish YT bring back their 100 💯 👍 mojies. Thank you to Luke for breaking down the incomprehensible fed policy and actions speak to see clearer thru the epik civilization phase inflection point we r in.
This was an awesome interview. Thank you
I listened to it twice. Very nice.
Fantastic and very informative interview! Guest really understands the business!
So funny Michelle started stuttering & licking her lips at Lucke's presentation of gold at 19 X
The most informative macro podcast I have ever heard.
Michelle is the best.
Thank you!
not often they interview easily for so long. great interview, you could tell both where on it and keen to explore his thinking
Really a spectacular interview. Everything Luka portrays make perfect sense and clearly lays out an optimistic road ahead for the properly invested.Very confused why one would have any money in negatively yielding short term treasuries though. Obvious the CPI is heavily understated. Why not swap out all your treasury holdings for liquidity in gold?????
Enjoyed the interview. Weird little pinch we've wound ourselves into. And getting weirder and more pinchy!
Such a pleasure to listen to a thinker with a based economic outlook that has integrated the major economic pressures and available data.
Michell is becoming the best interviewer I follow, and I follow most of them...
To top things off, she is definitely the most beautiful!!
Great interview by Michelle of Luke Grommen ... fascinating perspective ... I'll be buying more commodities!
Very good interview.
Thanks for the video
Good interview and good explanations.
i like the view and the way luke explains the current position
Great discussion.
Brilliant!